Binance relists BSV as perpetual contract, price surges 30% in one hour

From fxstreet.com

Binance, the largest cryptocurrency exchange by volume, has launched USDⓈ-M BSV Perpetual Contract with up to 50x leverage, years after delisting the Bitcoin SV (BSV) spot trading pair. The move led to over a 30% surge in BSV's price within the last hour. Based on Coinglass data, the development has also caused over $500,000 short position liquidations on Friday at the time of writing. Binance's decision to relist BSV Binance had initially delisted the BSV spot trading pair on April 15, 2019, following a contentious period when Binance CEO Changpeng Zhao (CZ) publicly locked horns with BSV creator Craig Wright. The ... (full story)